Quote from: Coroline on Today at 07:49:37 AM

Quote from: Masyudhi on April 28, 2021, 03:43:45 PM

Quote from: drwoo on April 28, 2021, 03:33:04 PM

Right everyone is a genius in a bull market, but when it crashes a lot of traders realize that they may not be as genius in trading as they thought they are.
It's to become delusional when things go right anyway and you are part of a bull market.

the case will be different for each asset held. market conditions and each person's psychology also differ in responding to market conditions.
sometimes withholding assets for the long term is sure to stress people out. especially if market conditions are in a downtrend which makes our asset value decrease continuously.
but for several potential projects. hold assets within the first 3-5 years the platform is running I don't think it will cost us any losses.
such as BNB which continues to strengthen every year. and some are creating their new ATH. that's all because Binance is a good project with a lot of development.
but if you see what happened to a bad project that even their team had left behind, it will not make us profit if we hold assets for a long time.

In addition to a good coin project and market conditions, keep in mind where the money is used.

Do not let the money used come from bank loans or money for family travel needs. It may be that you will not be able to sleep to think about returning it.

Try to use free funds, so you are calm if you want to hold these coins.

It also depends on your age. When you are young you can take more risks, no family you have to take care of (usually) and more time and energy to correct mistakes from the past.